Solana on Class action trial: How Pump.fun could shake up the entire network

2025 has been a breakout year for memecoins, pushing them into mainstream adoption. From DOGE ETF launch to the BONK ETP hype, all of this is forcing investors to rethink speculative bets.

Solana memecoins followed closely behind. Launches like Official TRUMP and MELANIA reinforced Solana’s reputation as the “go-to” network for high-speed, speculative activity.

However, all that fun is now under the legal microscope. Recently, a federal court green-lit a class-action lawsuit against Pump.fun, Solana Labs, and other Solana-linked projects, accusing them of market manipulation.

The key part? This isn’t your usual courtroom drama.

Instead, the accusations hit right at Solana’s core tech. Simply put, it wasn’t just bad timing or clever positioning that let insiders get ahead on memecoin launches. Rather, the lawsuit is targeting the network itself. Specifically, the “high-speed, high-throughput” network that powers it all. This isn’t just about a few memecoins anymore. Instead, the entire Solana ecosystem and everyone involved could be in the spotlight.